Futures and Commodity Market News

For a hedged play on iShares MSCI Russell Midcap Value Index (<a href="http://www.marketintelligencecenter.com/symbol/IWS">IWS</a>), MarketIntelligenceCenter.comaEUR(TM)s option-trade picking algorithms recommend the May 18, 2018 $88 covered call for a net debit in the $86.01 area. That is also the break-even stock price for the covered call. This trade will return 2.30%, or 5.12% annualized (for comparison purposes only), in 164 days. This covered call also provides 3.15% downside protection. The current 52-week low is $80.01 and the 52-week high is $89.57. iShares MSCI Russell Midcap Value Index stock has been showing support around $88.32 and resistance in the $89.82 range. The stock closed Dec 4, 2017's trading session at $88.81.A